Ocean Park Tactical Municipal Fund Institutional Shares NMFQS:STMEX

High Yield Muni | Ocean Park Asset Management, LLC

$24.36

↑ $0.08 (0.33%)

Last Updated: Feb 17, 2026

Fund Information

Fund Category High Yield Muni

Fund Family Ocean Park Asset Management, LLC

Fund Style Large

ISIN US66538J5552

CUSIP 66538J555

Inception Date 2018-12-27

Domicile United States

Country USA

Fiscal Year End September

NAV Chart

Fund Metrics

Net Assets $152.66 Million

Share Class Net Assets $146.56 Million

Expense Ratio 1.70%

Expense Ratio Date 2025-01-28

Dividend Yield 0.03%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 0.52%

1-Year Return -0.36%

3-Year Return 0.81%

5-Year Return 0.73%

NAV $24.36

Previous Close Price $24.28

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.03%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Ocean Park Tactical Municipal Fund Institutional Shares

The fund invests in open-end investment companies (mutual funds) and exchange-traded funds ("ETFs") that primarily invest in tax-exempt municipal bonds ("underlying municipal bond funds"), as well as municipal money market funds. Under normal circumstances, the fund invests at least 80% of its net assets (defined as net assets plus the amount of any borrowing for investment purposes) in funds that primarily invest in municipal bonds or other municipal debt instruments.

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % -40.33%

Cash-Flow Growth % -46.36%

Dividend Yield % 0.00%

Historical Earnings % %

Long-Term Earnings % %

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	95.53%	95.64%	0.12%	96.82%	0.00%
Cash	4.44%	4.61%	0.18%	3.42%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.00%	0.00%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.03%	0.03%	0.00%	0.08%	0.00%
US Stock	0.00%	0.00%	0.00%	0.00%	0.00%

Top Holdings

Name	Weight	Owned	Change
NVN-H/Y MUN-I	16.60%	-	-
INVESCO NATIONAL	9.75%	-	-
NVV-INT DUR-I	9.94%	-	-
BLRK-STR MUN-I	9.71%	-	-
JPM-NTL MUNI-I	7.34%	-	-
SPDR NUVEEN BLOO	11.66%	-	-
RIC-T/E HI Y-S	6.28%	-	-
V/E HI YLD MUNI	11.72%	-	-
ISHARES NATIONAL	4.40%	-	-
PGIM-MUNI H/I-Z	2.95%	-	-
PIMCO-HY MUNI-I	12.58%	-	-
VANGUARD TAX-EXM	2.21%	-	-
ALLSP-MUN BD-INS	21.30%	-	-
NVN-SH DUR HY-I	11.79%	-	-
PIMCO MUNICIPAL BOND-INST	6.49%	-	-
NVN-ALL AMER-I	6.27%	-	-
THRNB-L/T MU-I	4.70%	-	-
FIRST TRUST MUNI	3.10%	-	-
AF-H/I MUN-F3	3.04%	-	-

See the full breakdown of STMEX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	3.41%	4.59%	0.00%
Bond Sector	Corporate	0.00%	0.25%	0.42%	0.00%
Bond Sector	Derivative	0.00%	0.00%	0.00%	0.00%
Bond Sector	Government	0.00%	0.02%	0.00%	0.00%
Bond Sector	Municipal	0.00%	96.19%	94.40%	0.00%
Bond Sector	Securitized	0.00%	0.13%	0.60%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	0.00%	0.00%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.00%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.00%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.00%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	-	-	-
Americas	North America	-	100.00%	-
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	-	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	-	-	-
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	-	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-11-27	$0.056	$0.056	USD	-	-	-	-
2024-10-30	$0.061	$0.061	USD	-	2024-10-29	2024-10-31	Monthly
2024-09-27	$0.061	$0.061	USD	-	2024-09-26	2024-09-30	Monthly
2024-08-29	$0.062	$0.062	USD	-	2024-08-28	2024-08-30	Monthly
2024-07-30	$0.062	$0.062	USD	-	2024-07-29	2024-07-31	Monthly
2024-06-27	$0.064	$0.064	USD	-	2024-06-26	2024-06-28	Monthly
2024-05-30	$0.065	$0.065	USD	-	2024-05-29	2024-05-31	Monthly
2024-04-29	$0.063	$0.063	USD	-	2024-04-26	2024-04-30	Monthly
2024-03-27	$0.057	$0.057	USD	-	2024-03-26	2024-03-28	Monthly
2024-02-28	$0.060	$0.060	USD	-	2024-02-27	2024-02-29	Monthly
2024-01-30	$0.031	$0.031	USD	-	2024-01-29	2024-01-31	Monthly
2023-12-28	$0.087	$0.087	USD	-	2023-12-27	2023-12-29	Monthly
2023-11-29	$0.053	$0.053	USD	-	2023-11-28	2023-11-30	Monthly
2023-10-30	$0.044	$0.044	USD	-	2023-10-27	2023-10-31	Monthly
2023-09-28	$0.051	$0.051	USD	-	2023-09-27	2023-09-29	Monthly
2023-08-30	$0.057	$0.057	USD	-	2023-08-29	2023-08-31	Monthly
2023-07-28	$0.041	$0.041	USD	-	2023-07-27	2023-07-31	Monthly
2023-06-29	$0.051	$0.051	USD	-	2023-06-28	2023-06-30	Monthly
2023-05-30	$0.054	$0.054	USD	-	2023-05-26	2023-05-31	Monthly
2023-04-27	$0.040	$0.040	USD	-	2023-04-26	2023-04-28	Monthly
2023-03-30	$0.041	$0.041	USD	-	2023-03-29	2023-03-31	Monthly
2023-02-27	$0.059	$0.059	USD	-	2023-02-24	2023-02-28	Monthly
2023-01-30	$0.035	$0.035	USD	2023-01-30	2023-01-27	2023-01-31	Monthly
2022-12-29	$0.087	$0.087	USD	2022-12-29	2022-12-28	2022-12-30	Monthly
2022-11-29	$0.039	$0.039	USD	2022-11-29	2022-11-28	2022-11-30	Monthly
2022-10-28	$0.031	$0.031	USD	2022-10-28	2022-10-27	2022-10-31	Monthly
2022-09-29	$0.021	$0.021	USD	2022-09-29	2022-09-28	2022-09-30	Monthly
2022-08-30	$0.056	$0.056	USD	2022-08-30	2022-08-29	2022-08-31	Monthly
2022-01-28	$0.040	$0.040	USD	2022-01-28	2022-01-27	2022-01-31	Monthly
2021-12-30	$0.060	$0.060	USD	-	-	-	-
2021-11-29	$0.030	$0.030	USD	2021-11-29	2021-11-26	2021-11-29	Monthly
2021-10-28	$0.042	$0.042	USD	2021-10-28	2021-10-27	2021-10-28	Monthly
2021-09-29	$0.053	$0.053	USD	2021-09-29	2021-09-28	2021-09-29	Monthly
2021-08-30	$0.050	$0.050	USD	2021-08-30	2021-08-27	2021-08-30	Monthly
2021-07-29	$0.053	$0.053	USD	2021-07-29	2021-07-28	2021-07-29	Monthly
2021-06-29	$0.060	$0.060	USD	-	2021-06-28	2021-06-29	Monthly
2021-05-27	$0.045	$0.045	USD	-	2021-05-26	2021-05-27	Monthly
2021-04-29	$0.015	$0.015	USD	-	2021-04-28	2021-04-29	Monthly
2021-02-25	$0.066	$0.066	USD	-	2021-02-24	2021-02-25	Monthly
2021-01-28	$0.052	$0.052	USD	-	2021-01-27	2021-01-28	Monthly
2020-12-30	$0.096	$0.096	USD	2020-12-30	2020-12-29	2020-12-30	Monthly
2020-11-27	$0.050	$0.050	USD	2020-11-27	2020-11-25	2020-11-27	Monthly
2020-10-29	$0.055	$0.055	USD	2020-10-29	2020-10-28	2020-10-29	Monthly
2020-09-29	$0.067	$0.067	USD	2020-09-29	2020-09-28	2020-09-29	Monthly
2020-08-28	$0.060	$0.060	USD	2020-08-28	2020-08-27	2020-08-28	Monthly
2020-07-30	$0.053	$0.053	USD	2020-07-30	2020-07-29	2020-07-30	Monthly
2020-06-29	$0.069	$0.069	USD	2020-06-29	2020-06-26	2020-06-29	Monthly
2020-05-28	$0.013	$0.013	USD	2020-05-28	2020-05-27	2020-05-28	Monthly
2020-04-29	$0.017	$0.017	USD	2020-04-29	2020-04-28	2020-04-29	Monthly
2020-03-30	$0.038	$0.038	USD	2020-03-30	2020-03-27	2020-03-30	Monthly
2020-02-27	$0.063	$0.063	USD	2020-02-27	2020-02-26	2020-02-27	Monthly
2020-01-30	$0.057	$0.057	USD	2020-01-30	2020-01-29	2020-01-30	Monthly
2019-12-27	$0.119	$0.119	USD	2019-12-27	2019-12-26	2019-12-27	Other
2019-11-27	$0.052	$0.052	USD	2019-11-27	2019-11-26	2019-11-27	Monthly
2019-10-30	$0.051	$0.051	USD	2019-10-30	2019-10-29	2019-10-31	Monthly
2019-09-27	$0.052	$0.052	USD	2019-09-27	2019-09-26	2019-09-27	Monthly
2019-08-29	$0.052	$0.052	USD	2019-08-29	2019-08-28	2019-08-29	Monthly
2019-07-30	$0.059	$0.059	USD	2019-07-30	2019-07-29	2019-07-30	Monthly
2019-06-27	$0.058	$0.058	USD	2019-06-27	2019-06-26	2019-06-27	Monthly
2019-05-30	$0.049	$0.049	USD	2019-05-30	2019-05-29	2019-05-30	Monthly
2019-04-29	$0.052	$0.052	USD	2019-04-29	2019-04-26	2019-04-29	Monthly
2019-03-28	$0.041	$0.041	USD	2019-03-28	2019-03-27	2019-03-28	Monthly
2019-02-27	$0.047	$0.047	USD	2019-02-27	2019-02-26	2019-02-27	Monthly
2019-01-30	$0.027	$0.027	USD	2019-01-30	2019-01-29	2019-01-30	Other

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